Refining shines for Big Oil but maybe not for long
Small and refined
A hattrick of betterthanexpected results from U.S. energy supermajors owed much to a pickup in their longsuffering refineries. But with the economy still fragile this may be a danger zone for years to come. That should favor refining lightweight Chevron over rival Conoco.
This content is for Subscribers only
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.